Algerian Qatari Steel boosts exports to over $274 million in 2026

Algerian Qatari Steel (AQS) has launched a new export operation from its complex in Bellara, Jijel, shipping nearly 100,000 tonnes of steel products valued at over $39 million. This latest shipment brings the company's total exports in 2026 to over 545,000 tonnes, generating revenues exceeding $274 million. The products were sent to two new destinations: Saudi Arabia and Lithuania.

The recent export operation, announced on November 7, 2026, during the National Export Day, involved 99,470 tonnes of steel products. The shipment included iron reduced pellets, steel rods, and wire rods, catering to different industrial needs in the receiving countries. Saudi Arabia received iron reduced pellets used in steel manufacturing, while Lithuania received steel rods and wire rods for construction and metallurgical industries.

AQS's export growth is part of Algeria's economic diversification strategy, aiming to increase revenue from industrial activities and reduce dependence on hydrocarbons. The steel sector is a strategic industry in Algeria, with abundant raw materials, industrial processing capabilities, and access to foreign markets. The company's expansion into Saudi Arabia and Lithuania through this export operation strengthens Algeria's presence in the international steel market.

The Bellara complex, located in El Milia, Jijel, plays a significant role in Algeria's non-hydrocarbon exports. With its dedicated facilities for producing various steel products, the site has demonstrated its ability to ensure regular supplies to multiple international markets. The growth in external sales is driven by the commercialization of steel rods, wire rods, and products for steel production.

AQS's performance in 2026 highlights the company's capacity to respond to the requirements of different foreign markets. The export of over 545,000 tonnes of steel products, generating $274 million in revenue, showcases the company's ability to secure significant market share. This achievement also underscores the importance of the steel industry in Algeria's economic development.

The expansion of AQS's exports to new markets, including Saudi Arabia and Lithuania, provides an additional lever for the company to broaden its commercial reach. This development aligns with the Algerian government's strategy to promote economic diversification and reduce reliance on hydrocarbons. The steel sector's growth is expected to contribute significantly to Algeria's economic progress.

AQS's export achievements demonstrate the company's potential for continued growth and its role in driving Algeria's economic diversification efforts. With its strong performance in 2026, AQS is poised to further establish itself as a major player in the international steel market, contributing to Algeria's economic development and reducing its dependence on hydrocarbons.

Key points

• AQS exported over 545,000 tonnes of steel products worth $274 million in 2026.
• The company expanded its exports to new markets in Saudi Arabia and Lithuania.
• AQS's growth aligns with Algeria's economic diversification strategy to reduce dependence on hydrocarbons.